JAPAN: Asahi Breweries to acquire liquor business

Japan's number one beer producer, Asahi Breweries Ltd, has negotiated to buy the low-alcohol and shochu (distilled liquor) businesses of chemical firm Asahi Kasei Corp, the two companies announced today, for between ¥3bn and ¥4bn (US$22.7-30m). The acquisition will be completed sometime in the current business year, when the production and development operations will be transferred to Asahi Breweries' liquor-making unit.

Get full access to all content, just $1 for 30 days

A Message From The Editor

just-drinks gives you the widest beverage market coverage.

Paid just-drinks members have unlimited access to all our exclusive content - including 15 years of archives.

I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.